Focus on Bulgaria

In view of its planned accession to the EU in 2007, since 1993, Bulgaria has been in the process of bringing the national VAT legislation in line with the European requirements. Since its adoption, the Bulgarian VAT Act has been amended every year. Some of those amendments further aligned the Act with the Sixth Directive, others had an opposite effect. Two and a half years before Bulgaria's planned accession, the time has come to assess the state of affairs